New York Codes, Rules and Regulations
Title 13 - DEPARTMENT OF LAW
Chapter VII - FRANCHISE OFFERINGS
Part 200 - FRANCHISE OFFERINGS
Section 200.8 - Annual report requirements
Universal Citation: 13 NY Comp Codes Rules and Regs ยง 200.8
Current through Register Vol. 46, No. 12, March 20, 2024
The franchisor shall, within 120 days of the close of its fiscal year, submit a report to the Department of Law of its activities during the said fiscal year containing the following items:
(a) the name and address of each franchise sold, the date of the sale and the name, address and telephone number of the person purchasing the franchise;
(b) the price paid and credit terms upon the sale of each franchise listed in subdivision (a) of this section; and
(c) a copy of the annual audited financial statements of the franchisor as prepared by an independent public accountant.
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